AI being used by HMRC to scan social media for suspected tax cheats
HMRC has confirmed that it is using AI (Artificial Intelligence) tools to scan the social media accounts of suspected tax fraudsters as part of their drive to increase the use of AI in the tax system. Up until…
Businesses urged to stay on top of employment law to avoid costly cases
Research conducted by law firm Birketts has found that the burden of dealing with employment cases is on the rise, with employers spending more than a month of their time dealing with new claims. Unfair dismissal cases accounted…
Government to give HMRC £500m to boost AI
In an effort to increase its artificial intelligence (AI) capabilities, HMRC is to receive £500m from the Government to invest in a new AI digital assistant that should hopefully reduce phone line traffic and wait times. Called ‘Ask…
Study suggests weight loss jabs could benefit the UK economy by over £4 billion
A new study carried out by the European Congress on Obesity based in Spain suggests that giving weight loss jabs to everyone who is eligible for them could increase the UK economy by £4.5 billion. In England 26.5%…
Staying cool at work: Our top ten tips
The sun is shining (finally), the beer gardens are full and public transport is even more unbearable than usual. British summertime is finally here! Here are our top ten tips on how to stay cool in the work…
HMRC phone lines have been criticised as not up to the job
It will come as little surprise to anyone who has had to call HMRC in the last six months, but a report by the Public Accounts Committee has stated that HMRC was running a “deliberately poor” phone service…
New items added to the basket to calculate the rate of inflation
In order to calculate the rate of inflation, the Office for National Statistics (ONS) records and analyses a basket of everyday goods and services, looking at the prices offered by retailers to calculate the monthly rate of inflation.…
What is a P11D Benefits in kind and do you need to file one?
What is a P11D? The P11D form is a statutory form required to be filed with HMRC by those businesses that provide benefits to their employees that do not go through the PAYE system. You will also need…
What does my tax code mean? 2025/26 Edition
What exactly do all the numbers and letters in my tax code mean? And what do I do if I think it’s wrong? HMRC generate your tax code based on the information that they hold about you and…
What’s the difference between mark up and margin?
When pricing your services and products it is important that you do so in order to make a profit. Most businesses will look at either mark up or margin to come up with their prices but not everyone…